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U.S. Inflation Rates Remain Major Sticking Point for Federal Reserve
One of the biggest topics from this week's FOMC meeting was U.S. inflation rates, which remain well below the 2% mark the Federal Reserve has been targeting.
Yesterday (Thursday), U.S. Federal Reserve Chairwoman Janet Yellen announced the central bank will not be raising interest rates, in part because inflation rates remain too low.
Here's why inflation rates played such a large role in the Fed's decision...
One of the biggest topics from this week's FOMC meeting was U.S. inflation rates, which remain well below the 2% mark the Federal Reserve has been targeting.
Yesterday (Thursday), U.S. Federal Reserve Chairwoman Janet Yellen announced the central bank will not be raising interest rates, in part because inflation rates remain too low.
Here's why inflation rates played such a large role in the Fed's decision...